Cost of Living in Roosevelt County, Montana

$707/mo
Median Monthly Rent
$119,400
Median Home Value
14% below state averageUnaffordable

At a Glance

Median Monthly Rent
$707/mo
14% below state average
Median Home Value
$119,400
58% below national
Rent-to-Income Ratio
19.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Roosevelt County Compares

Median monthly rent comparison

Roosevelt County$707/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$707/mo
Median Gross Rent
$119,400
Median Home Value
$415/mo
Monthly Owner Cost
19.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Roosevelt County, Montana

Roosevelt: Montana's most affordable rentals

Roosevelt County residents pay just 16.0% of household income toward rent—nearly matching the national average despite earning significantly less. At $707 monthly for a median household income of $53,125, Roosevelt offers the region's cheapest housing, though incomes lag 28% below the national median.

Lowest rents in Montana

Roosevelt's $707 median rent ranks among Montana's lowest, undercutting even the state average of $825 by 14%. With a 16.0% rent-to-income ratio, Roosevelt residents enjoy affordability comparable to the state average despite significantly lower earnings.

Cheapest option in the northeast

Roosevelt's $707 rent is the lowest among its region: $57 cheaper than Sheridan, $67 less than Rosebud, and $159 below Richland. However, Roosevelt's median household income of $53,125 is also the region's lowest, limiting purchasing power despite rental bargains.

Roosevelt's tight but manageable budget

The typical Roosevelt renter spends 16.0% of a $53,125 annual income—$707 monthly—on housing. Homeowners benefit even more: median owner costs of just $415 monthly for homes valued at $119,400 represent only 9.4% of household income, among Montana's best ownership affordability.

Maximum affordability, minimum income requirements

Roosevelt County is Montana's clearest path to affordable housing, with rents and home prices significantly below state averages. Consider relocating here if low housing costs outweigh concerns about the county's 28% lower median income relative to the national average.

Affordability Calculator

See how your income compares to housing costs in Roosevelt County

$

Rent Burden

16.0%

of gross income

Max Housing (28% Rule)

$1,240

per month

Owner Cost Burden

9.4%

of gross income

You can likely afford the median home in Roosevelt County

Median home value is $119,400. Estimated monthly cost: $953 vs. your max of $1,240.

Rent Affordability Guide

Your rent-to-income ratio16.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Roosevelt County, Montana?
Roosevelt County, Montana has a median monthly rent of $707/mo and a median home value of $119,400. The affordability rating is Unaffordable, with rent making up approximately 19.0% of median household income.
What is the median rent in Roosevelt County?
The median gross rent in Roosevelt County is $707/mo. This is 14% below state average for Montana.
Is Roosevelt County affordable?
Roosevelt County is rated Unaffordable based on rent-to-income ratio of 19.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Roosevelt County's rent compare to the state average?
Roosevelt County's median rent of $707/mo is 14% below state average of $825/mo for Montana.
What is the median home value in Roosevelt County?
The median home value in Roosevelt County, Montana is $119,400. This is 58% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.